Annual General Meeting of Shareholders of PJSC “Quadra – Power Generation” Held

The annual General Meeting of Shareholders of the company “Quadra – Power Generation” (AGMS) was held on 23 June 2017.

AGMS approved the annual report of the Company, annual accounting (financial) statements of the Company for 2016.

The shareholders decided not to distribute profit for 2016 due to the loss of RUR 1.56 billion and not to pay dividends on ordinary and preferred shares of the Company following the reporting year 2016.

AGMS elected a new Board of Directors in the number of 9 people* as follows:

David Alexander Hurn, Managing Director of the Representative Office of the Limited Liability Company “Specialized Research Limited” in Moscow.

* the positions are specified as at the date of recommendation (the list of candidates for election to the Company’s Board of Directors was approved by the decision of the Board of Directors of PJSC “Quadra – Power Generation” on 6 March 2017)

AGMS elected members of the Internal Audit Commission in the number of 5 people*:

Alevtina Konstantinovna Abramova, Head of the Internal Audit Administration

* the positions are specified as at the date of recommendation (the list of candidates for election to the Company’s Internal Audit Commission was approved by the decision of the Board of Directors of PJSC “Quadra – Power Generation” on 6 March 2017)

AGMS approved Joint Stock Company “PricewaterhouseCoopers Audit” as the Auditor of PJSC “Quadra – Power Generation”.